Marcus (NYSE:MCS) Downgraded by StockNews.com to Hold

Marcus (NYSE:MCS) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Tuesday.

Other analysts also recently issued reports about the company. Barrington Research reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Marcus in a research note on Thursday, February 27th. Benchmark restated a “buy” rating and set a $25.00 price objective on shares of Marcus in a research report on Thursday, January 30th.

Marcus Trading Down 2.7 %

Shares of MCS opened at $16.14 on Tuesday. Marcus has a 52-week low of $9.56 and a 52-week high of $23.16. The stock has a market cap of $507.96 million, a PE ratio of -47.46, a price-to-earnings-growth ratio of 3.12 and a beta of 1.57. The firm’s fifty day moving average is $20.24 and its two-hundred day moving average is $18.98. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38.

Institutional Investors Weigh In On Marcus

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership increased its position in Marcus by 69.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company’s stock valued at $12,881,000 after acquiring an additional 246,375 shares during the period. Barclays PLC increased its holdings in shares of Marcus by 135.3% in the third quarter. Barclays PLC now owns 392,388 shares of the company’s stock valued at $5,913,000 after purchasing an additional 225,644 shares during the period. Renaissance Technologies LLC raised its stake in shares of Marcus by 303.7% during the fourth quarter. Renaissance Technologies LLC now owns 257,089 shares of the company’s stock worth $5,527,000 after purchasing an additional 193,400 shares during the last quarter. Peapod Lane Capital LLC purchased a new stake in shares of Marcus during the fourth quarter worth approximately $3,258,000. Finally, American Century Companies Inc. lifted its holdings in shares of Marcus by 23.4% during the fourth quarter. American Century Companies Inc. now owns 736,619 shares of the company’s stock worth $15,837,000 after purchasing an additional 139,577 shares during the period. 81.57% of the stock is owned by hedge funds and other institutional investors.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.